NMI

Full commerce is the future — we get you there now.

Risk & Underwriting Analyst – Fintech, Payments

UnderwriterUnderwriterFull TimeRemoteTeam 201-500H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

105 days ago

Salary

$65K - $75K / year

High School3 yrs expEnglishC++

Job Description

• Review merchant transaction details and make decisions based on parameters as well as processing activity (i.e. merchant's average ticket, month-to-date volume vs expected volume, invalid authorizations, ACH returns, and chargebacks) • Review daily monitoring reports (i.e. chargeback, retrieval and next day funding summary reports). Take appropriate action where appropriate to resolve chargeback related problems • Recommend accounts for termination, as appropriate • Investigate accounts to identify risks (i.e. fraudulent merchants, card testing, money laundering, account takeover, and other fraud or risk vectors) • Review merchant exception reports and act on issues in accordance with procedures • Perform periodic risk based merchant reviews • Provide backup support to the underwriting team to assist in underwriting merchants when necessary • Contact merchants and secure supporting documentation to support underwriting and/or risk management work, as needed • Contribute to root cause analysis to identify opportunities to better predict, prevent, and mitigate risk within NMI’s existing process • Assist with internal quality assurance reviews • Support continuous monitoring efforts and processes to maintain compliance with NMI’s risk tolerance • Help manage the portfolio by developing a deep understanding of risk across industries, geographies, and operating models • Manage assignments of additional risk and underwriting related initiatives as assigned

Job Requirements

  • High school degree or equivalent; Associates and/or Bachelor’s degree preferred
  • Minimum of 1 to 3 years of risk management experience in the financial services, FinTech and/or payments industry
  • Experience applying critical thinking and problem solving; challenge the status quo to generate new ideas and take an open minded approach to situations
  • Self-starter able to maintain a high level of accuracy in a high-speed environment
  • Ability to maintain confidential customer & Company information in a responsible and secure manner
  • Ability to work independently with minimal supervision
  • Open to learn and adapt to ongoing changes and new processes
  • Knowledge of risk schemes, risk prevention methods, and risk detection tools
  • Experienced in risk analysis, identifying fraudulent trends, managing investigations and mitigating credit and/or risk losses
  • Exercise sound judgment in assessing potential regulatory and reputational risks
  • Exceptional written and verbal communication skills
  • Knowledge of Aperia, ScanX, Merchant Central, CBOS, and/or TSYS a plus
  • Specific industry certification such as CAMS, ETA CPP, or CPFPP a plus

Benefits

  • Annual salary of $65,000 - $75,000
  • A remote first culture!
  • Flex PTO
  • Health, Dental and Vision Insurance
  • 13 Paid Holidays
  • Company volunteer days

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